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The Crescent, Palm Jumeirah

The Crescent, Palm Jumeirah

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Strengths

Stunning waterfront views

Luxurious amenities

Prime location

Weakens

High cost of living

Traffic congestion

Limited public transportation

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Description

Real Estate Overview

Community Overview

  • The Crescent is a prestigious community nestled within the iconic Palm Jumeirah, renowned for its luxurious lifestyle and stunning waterfront views.
  • This area boasts a blend of modern living and natural beauty, with convenient access to upscale shopping, dining, and leisure attractions.
  • Nearby landmarks include the Atlantis Hotel, Dubai Marina, and several beach clubs, enhancing the community's appeal.
  • Transport options are plentiful, with easy access to public transport services, including taxis and rideshare apps.

Properties Overview

  • The Crescent features a diverse range of real estate options, including luxury apartments and villas, catering to both renters and buyers.
  • Popular buildings in the area include The Crescent Residence, which offers lavish amenities and breathtaking views.
  • Current property prices for rentals range from AED 100,000 to AED 500,000 annually, while sales prices can vary widely, some reaching up to AED 10 million or more depending on size and location.

Market Trends

  • The real estate market in The Crescent has shown a steady increase in rental demand, reflecting a growing interest in high-end living within Palm Jumeirah.
  • Sales trends have also been positive, with a noted ROI of approximately 6-8% for property investors in the community.
  • The past year has seen properties in this region appreciating on average by 5%, with future expectations suggesting continued growth due to ongoing development in Dubai.

Living and Investing in the Community

Amenities, Schools, and Healthcare

  • Residents have access to a variety of essential services, including supermarkets, hospitals, and clinics, enhancing everyday convenience.
  • Prominent educational institutions are nearby, offering families access to quality schooling options.

Transportation and Accessibility

  • Public transportation in the area includes affordable options like buses and water taxis, ensuring a smooth commute within the city.
  • Parking spaces are plentiful, catering to residents and visitors alike, contributing to the ease of navigation.

Lifestyle Amenities

  • The Crescent features numerous lifestyle amenities, such as state-of-the-art gyms, luxurious spas, gourmet restaurants, and vibrant cafes.
  • Residents can enjoy direct beach access and a variety of outdoor activities, including watersports and beachfront lounging.

Community Facilities

  • Key facilities include high-speed elevators, 24/7 security, central air conditioning, and routine maintenance services for residents' comfort.

Special Services

  • Unique services available include concierge assistance, valet parking, and business centers for professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Available properties feature various layouts, including spacious one to four-bedroom apartments and luxurious villas, accommodating different lifestyles.

Things to Consider

  • Potential residents and buyers should contemplate factors such as budget, property type, community amenities, and proximity to work and school.

Useful FAQs and Support

Events and Community Life

Community Events

  • The Crescent hosts various community events throughout the year, fostering neighborly connections and a vibrant social atmosphere.

Community Identity

  • The unique charm of The Crescent stems from its breathtaking views of the Persian Gulf and the luxurious lifestyle it promotes.

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Detailed Community Insights

1. Family Friendliness

The Crescent offers numerous family-oriented amenities, including parks, swimming pools, and children's play areas, making it an ideal environment for families.

Exceptionally Welcoming

2. Living Options

The community features a wide range of living options, from luxurious beachfront villas to apartments, catering to different budgets and preferences.

Broadly Diverse

3. Safety And Security

The Crescent boasts a high level of security with 24/7 surveillance, controlled access points, and a visible security presence, ensuring residents feel safe.

Remarkably Secure

4. Transportation

While the community is well-connected to major roads, the availability of public transportation options is limited, making personal vehicles a preferred mode of transport.

Moderately Convenient

5. Amenities And Facilities

The Crescent is home to an array of amenities, including gyms, restaurants, grocery stores, and recreational facilities, providing residents with all their basic needs within arm's reach.

Richly Equipped

6. Cost Of Living

Housing costs are on the higher end due to the premium location, but the availability of diverse housing options allows for a range of price points.

Relatively Balanced

7. Things To Do

The community offers a plethora of recreational activities, from water sports to beach clubs, ensuring that residents have plenty of leisure options.

Vibrantly Diverse

8. Noise Levels

Despite being a lively area, many residents report low noise levels, thanks to effective sound insulation in buildings and serene beachfronts.

Generally Peaceful

9. Pet Friendliness

The Crescent is known for its pet-friendly policies, with parks and walking areas designated for pets, making it a welcoming environment for pet owners.

Warmly Accommodating

Price Insights

Price Trends
for in Dubai
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

224.2K AED - 385.8K AED

Rent:

21.2K AED - 32K AED

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